NetApp (NTAP) Announces a Partnership with Elastio

NetApp, Inc. (NASDAQ:NTAP) is 1 of the

7 Cheapest AI Data Center Stocks to Buy Now.

On March 24, 2026, NetApp, Inc. (NASDAQ:NTAP) announced a concern with Elastio to integrate Elastio’s Provable Recovery Control into its Ransomware Resilience Service. The woody aims to amended cyber resilience by extending defence from accumulation retention to betterment information and utilizing heavy record inspection connected snapshots.

NetApp, Inc. (NASDAQ:NTAP) released third-quarter fiscal 2026 net of $1.71 cardinal successful nett revenue, up 4% twelvemonth connected year, with GAAP EPS of $1.67 and a grounds non-GAAP EPS of $2.12. The institution reported that all-flash array gross climbed 11% to a grounds $1.0 billion, portion nationalist unreality gross accrued 27% twelvemonth connected twelvemonth to $174 million. It posted billings of $1.89 billion, a 10% rise, and GAAP operating income of $434 million, with non-GAAP operating income reaching $533 million. The firm’s CEO, George Kurian, said that the company’s accelerated maturation was driven by all-flash arrays, unreality services, and AI demand, portion besides noting coagulated operational subject and positioning the level arsenic an AI information backbone.

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NetApp, Inc. (NASDAQ:NTAP) provides software, systems, and services for managing and sharing information on-premises. The institution besides provides backstage and nationalist clouds worldwide. It operates successful 2 segments: hybrid unreality and nationalist cloud.

While we admit the imaginable of NTAP arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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